GM Financial has officially launched its latest Australian business, Holden Financial Services, which promises to offer competitive and innovative financing options for customers.
Australia joins the U.S., Brazil, Canada, Chile, China (through joint ventures), Colombia, Mexico, and Peru to help expand GM’s worldwide automotive sales footprint. GM Financial is the wholly-owned captive finance subsidiary of General Motors and is headquartered in Fort Worth, Texas.
“Our expansion into Australia is the latest example of how we are growing our business and providing mobility solutions that help us earn customers for life,” said Rick Livingood, Executive Vice President, Asia Pacific, GM Financial, who visited Melbourne for the Australian launch.
“We are fully focused on creating added incremental value for Holden, the dealer network and our retail customers.”
As well as opening the new business a new retail loan program, Holden Guaranteed Value, has also launched.
Holden Financial Services Managing Director Richard Tatford said, “Holden Guaranteed Value – our first product offering – gives customers the choice and flexibility to trade in, keep or return their vehicle at the end of their selected finance term, with the peace of mind around the future value of their vehicle.”
It is hoped that Holden Guaranteed Value will offer some peace of mind for customers in knowing that there is a guaranteed buyback at the end of their loan agreement. It will remain to be seen whether this latest venture can put a cork in Holden’s sinking new car sales figures, however.
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